Addy Loudiadis retires as CEO
Rothesay CEO Addy Loudiadis has retired after fifteen years leading the business. Her co-founder and former Managing Director, Tom Pearce, has been appointed as her successor
Ms Loudiadis founded Rothesay in 2007 with co-founder Tom Pearce. The business has since grown to become the largest specialist pensions insurer in the UK with Assets Under Management of over £60bn and with a most recent valuation of £5.75bn.
Loudiadis retires as CEO from today, 8th September, with Pearce taking on the role. She will continue to serve on Rothesay’s Board as Founder Director and will also continue in her role as a trustee of the Rothesay Foundation.
Naguib Kheraj, Chairman of Rothesay, said: “On behalf of the Board, I would like to thank Addy for her exceptional leadership over the past fifteen years. She has always led from the front and built an entrepreneurial culture which values excellence, innovation, collaboration and teamwork. Whilst growing the business rapidly she has also successfully focused on effective risk management through volatile markets which included the Global Financial Crisis and the COVID-19 pandemic. As one of the longest serving CEOs of a UK-based insurer, we understand the time is now right for Addy to step down as CEO and we are pleased that she has agreed to stay on as a member of the Board. With Tom’s appointment, Rothesay’s future could not be in better hands and we look forward to supporting him in continuing to grow the business in the years ahead.”